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Indian stock indices continue to fly; Sensex crosses 65,000 mark

03 Jul 2023 10:24 AM IST

The Indian market indices maintained their positive trend and added to their impressive gains from the previous week. This morning, the benchmark Sensex and Nifty both increased by 0.7%. The indices each gained about 3% last week, which was their greatest gain in months. A notable event today was the

Indian stock indices continue to rise; reach new highs on Friday

30 Jun 2023 10:59 AM IST

As the major indices, the Sensex and Nifty, reached new record highs on Friday, the bullishness in the Indian stock markets persisted. At the time this post was being written, the Sensex and Nifty were up 0.6-0.7% from Wednesday. The Sensex is currently trading at 64,312 points after passing the

Government extends timeline to levy higher proposed TCS rates with effect from October 1

29 Jun 2023 11:48 AM IST

According to the Liberalised Remittance Scheme, foreign credit card purchases and transfers up to Rs 7 lakh will not be subject to source tax, the finance ministry decided on Wednesday to postpone its earlier plan to include international credit card purchases made outside of India under the Liberalised Remittance Scheme

Adani Power’s Godda plant becomes fully operational

28 Jun 2023 15:41 PM IST

Ultra super critical technology-based plant commences power supply to Bangladesh Ahmedabad, 27 June 2023: Adani Power Jharkhand Limited (APJL), a wholly owned subsidiary of Adani Power Limited, part of the diversified Adani Group has achieved Commercial Operations Date of its second unit of its 2 X 800 MW Godda Ultra-supercritical

Indian stock indices set new all-time highs; Sensex, Nifty up over 1 pc

28 Jun 2023 10:38 AM IST

The Sensex and Nifty Indian stock indices reached new highs on wednesday. At the time of writing, the indices were more than 1% higher. The Sensex reached a high of 63,601.71 points, while the Nifty reached a low of 18,887.60 points. Indian market indices, which have been rising in recent

Frost & Sullivan honours AdaniConneX with South Asian Company of the Year Award for Excellence in Data Center Infrastructure & Operations

27 Jun 2023 15:50 PM IST

AdaniConneX has emerged as a market leader for delivering scalable, transparent, secure, and flexible digital infrastructure solutions in line with customers’ business objectives via its consultative approach. SAN ANTONIO, TX. – 27 June 2023 – Frost & Sullivan has honoured AdaniConneX with the 2023 South Asian Company of the Year

Indian stock indices opens in new week a little higher

26 Jun 2023 10:48 AM IST

On Monday morning, Indian market indices traded slightly higher even after closing out the previous session in the negative. At the meantime when this post was being written, both the Sensex and the Nifty were up 0.2-0.3%. According to VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the global

AdaniConneX Seals the Largest Data Center Financing Deal in India with a USD 213 Mn Construction Financing Facility

23 Jun 2023 12:56 PM IST

The ground-breaking transaction paves the way for implementation of sustainable digital infrastructure platform with pan-India roll-out Editor’s Synopsis AdaniConneX, a 50:50 JV between Adani Enterprises Ltd (AEL) and EdgeConneX (ECX), has executed a USD 213 Mn senior debt facility with participation from international banks to finance its under-construction data center

Stock buyers in India book profits after this week’s peak in the indices

23 Jun 2023 11:09 AM IST

Indian stock indices traded in the red on friday morning partly due to profit booking after they peaked this week and on indications that the global fight against inflation, as indicated by various central banks, is far from over. The current high market valuations may have temporarily discouraged investors. Benchmark

Indian stock indices at their peak, but analysts worry about high valuations

22 Jun 2023 10:36 AM IST

After reaching record highs the day before, Indian stock indices moved relatively steadily on thursday morning. Analysts have since issued a warning that the high value may temporarily deter investors. At the time this story was being written, the Nifty was up points and the Sensex was down merely 14

Indian stock indices extends gains on firm overseas cues

21 Jun 2023 10:12 AM IST

On Wednesday morning, Indian market indices performed favorably, following strong cues from international counterparts and signs that the US may avoid a recession. As of the time this post was being written, both the Sensex and the Nifty were up 0.2-0.3%. “In tune with the International Yoga Day, the market

Indigo, Vistara have received DGCA approval for two international routes

20 Jun 2023 12:09 PM IST

Indigo and Vistara have been granted permission to operate two new international routes. The Directorate General of Civil Aviation has approved Indigo’s Delhi-Tbilisi (Georgia) and Vistara’s Delhi-Bali routes. These routes will begin operations on August 7 and August 1, 2023, respectively. The additional routes are part of the airline companies’